asked 13.1k views
3 votes
When is subsidy necessary in comodity supply​

asked
User Shameel
by
8.8k points

1 Answer

3 votes

Answer:

A subsidy is a benefit given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax reduction. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.

Step-by-step explanation:

answered
User James Osborn
by
8.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.